SOL Holds Above $150 Despite Whale Sell-Off and $2.3B Trading Volume Surge

Solana (SOL) is currently trading at $152.60 on Binance, reflecting a 2.00% decline over the past 24 hours with a 24-hour open of $155.71 and substantial trading volume exceeding $2.3 billion. The recent price drop and ongoing consolidation above the $150 support level are attributed to a combination of technical factors, including persistent rejection from the $160-$165 resistance band, a series of lower highs, and a reported "whale sell-off" that has increased selling pressure. Despite these challenges, active trading and interest in new ecosystem projects such as Solaxy (SOLX) and Snorter Bot (SNORT) continue to support market activity.